[ET Net News Agency, 15 September 2021] China Water Industry Group Limited (01129) said
the company proposes to implement (1) the capital reduction involving the reduction of the
par value of each issued share from HK$0.50 to HK$0.01 by cancelling the paid up share
capital to the extent of HK$0.49 per issued share so that following such reduction, each
issued share with a par value of HK$0.01 in the share capital of the company shall become
one new share; and (2) the share premium reduction involving the reduction of the amount
standing to the credit of the share premium account.
The board also announced that the board lot size for trading in the shares on the Stock
Exchange will be changed from 4,000 shares to 8,000 shares with effect from 9:00 a.m. on
Thursday, 7 October 2021. (RC)